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to the senate floor. gregg? >> growing concerns over higher education in the united states as new numbers suggest the level of student loan debt is reaching crisis proportions. according to the federal reserve bank of new york, americans now hold a total of nearly a trillion dollars in student loan debt, as an average of $23,000 per person and that could take an advantage person roughly tn years to pay off, maybe more. joining us now the reverend jesse jackson, founder and president of the rainbow push coalition. i know you're deeply concerned about this, in part because i read your recent column on the problem. how do we solve it. >> well, it's more about a trillion dollars, more than credit card debt, so many youth who have able minds will not apply and those in school cannot stay in. and in black colleges about 15,000 fewer this year and some, the money without necessarily the grade. and some grades can't because of the money and that undermines our future capacity to compete. >> gregg: part of the problem is that the price of a four-year college education has really skyrocketed. i loo
's a situation that's out there. we will see what happens with the cases. >> jamie: businesses and educators are coming together to keep cash-strapped schools open. but not everyone's on board. critics i say kids are getting the short end of that deal. [ male announcer ] let's say you pay your guy around 2% to manage your money. that's not much, you think. except it's 2% every year. go to e-trade and find out how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours. e-trade. less for us. more for you. with google now, it automatically knows when you need to leave for the airport, how much traffic there is, and can have your boarding pass ready. the droid razr maxx hd by motorola. droid-smart. droid-powerful. ♪ i want a weed free season, that's how i roll ♪ ♪ so i reach for roundup extended control ♪ ♪ with the all-new, no pump, one-touch wand ♪ ♪ it kills weeds dead and keeps weeds gone ♪ [ whip cracks ] ♪ roundup extended control ♪ i just spray them weeds, then spray them cracks ♪ ♪ the weeds are gone, and they won't be b
, they won't suffer harm. but if they want to give their kids a home education through home schooling, they will be jailed. they would have severe fines. that is what happened before. every family who wants to home school is persecuted in the same way. the justice department is saying that the fines and the jails -- that's not persecution. >> shannon: it's a fact that the police did show up and take the children and force them to go to school in 20 06, when the family was there in germany, electing to have them at home. the obama administration basically said that their experience is the reason they had trouble in germany was because they refused to comply with the law. how could you say it was ever religious persecution, if you are disobeying the law because of religious beliefs? >> that's right. the religious persecution is defined similarly to our constitutional principles. if the law's unconstitutional. if the law violates human rights, have you an asylum claim. if germany wasn't banning home schooling, there wouldn't be an issue and it it wasn't a human rights issue, there wouldn
on the state, education, general fund. >> new york and california, 100 percent goes to education. most of it is to -- pennsylvania all to senior citizens. veterans affairs, that teach thing. there are some states, like rhode island, where it can go into the general fund and the state can use it as its session. as i said, they have plenty of things to spend it on now. >>heather: so, do you think more states will consider having the lottery? >> they don't have any money. they are either going to raise taxes which is not popular at all or cut spending and they are doing all of those things. this has proven to be such a huge money maker for states. it's $20 billion more in just a few years they is earned. it is a lot of money. >>heather: you mention the payout of $4 2 billion in prize money and that was included because we were all offer it, and the payout included $587 million powerball jackpot in 2012 and now we have $338 million and already this year in 2013. >> but the winners do not get all that money. uncle sam takes his and it depends whether you take a lump sum. 80 percent choose t
Search Results 0 to 3 of about 4

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